Sold / Closed
$290,000

Sold price · Closed Jul 2, 2026

510 W Richway Dr, Albert Lea, MN, 56007

4  Bedrooms3  Bathrooms2,987  Square Feet0.264  Acres
Days on market3
Year built1957
Garage spaces2
Potential $5,550buyer credit when you buy with SODL

About this home

Nestled on a beautiful treed lot overlooking the city park and community gardens, this spacious 4-bedroom, 3-bath rambler offers a fantastic location just kitty-corner from the boat launch. Built in 1957, this 2987 sq ft and well-maintained home features three bedrooms on the main floor, a open floor plan, and numerous updates throughout the years. The family room and one of the main-floor bedrooms share a unique see-through gas fireplace, creating warmth and character in both spaces. The spacious kitchen features sliding glass doors leading to the rear concrete patio, perfect for relaxing or entertaining while enjoying the private backyard setting. A large wraparound wood deck spans the entire front of the home and has been freshly repainted. The lower level offers additional living space (4th bedroom or rec room) a ground-level entrance, and access to the attached 2-car garage. Both three-quarter bathrooms feature nicely updated shower stalls. Major mechanical updates include a furnace, AC, washer & dryer in the last 5 years and a new water heater in 2025. Additional exterior improvements include a newer concrete driveway and stone retaining wall. This home combines space, location, mature trees, and solid updates with an opportunity to add your own updates and style over time. A rare chance to enjoy park views, nearby water access, and comfortable rambler living in an established neighborhood. The chair lift can stay with the home if desired.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1957
LevelsOne
Living area2,987 sqft
Above-grade finished2,089 sqft
Below-grade finished898 sqft
Lot size0.264 acres (117x125x119x112x31)
Days on market3
ListedMay 18, 2026
MLS #NST7066473
CountyFreeborn
Parcel #342120190

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
1 full / 2 3/4
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
One
Garage
2 spaces · 27.3x26.10 · 712 sqft
Parking features
Attached Garage, Concrete, Garage Door Opener, Insulated Garage, Tuckunder Garage
Patio & porch
Deck, Patio, Wrap Around
Exterior features
Wood
Lot size
0.264 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,623 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1957

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

HOA
No HOA
School district
241 - Albert Lea
High school district
Albert Lea

Financial & listing details

Annual tax
$4,280 (2026)
Listed
May 18, 2026
Days on market
3
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths2
Half baths0
1/4 baths0
BasementBlock, Crawl Space, Egress Window(s), Finished, Partial, Partially Finished, Walkout
HeatingForced Air, Fireplace(s)
CoolingCentral Air
Fireplaces1
LaundryLaundry Room, Main Level
AppliancesCooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
DiningBreakfast Area, Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
AmenitiesCable, Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Patio, Panoramic View, Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorWood
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area1,623 sqft
Patio/porchDeck, Patio, Wrap Around
Lot featuresTree Coverage - Medium
Road frontageCounty Road, Curbs
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Garage Door Opener, Insulated Garage, Tuckunder Garage
Garage spaces2
Garage size712 sqft

Financial details

Annual taxes$4,280
Tax year2026
Taxes w/ assessments4280
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District241 - Albert Lea
District number241
District phone5073794800
High schoolAlbert Lea
SODL flat fee brokerage
$5,550Estimated buyer credit
SODL platform fee $3,000Your buyer credit $5,550

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,949/mo
Principal & interest$1,498
Property taxes$357
Home insurance (est.)$95
%
$57,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

510 W Richway Dr, Albert Lea, MN, 56007

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Listing information

MLS #NST7066473
Last reported MLS statusClosed
MLS record updatedJul 3, 2026, 7:46 PM
Originally listedMay 22, 2026, 12:00 AM
Listing officeRE/MAX Advantage Plus

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.